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re: Is it buy time?

Posted on 6/21/13 at 11:28 am to
Posted by ThaBigFella
baton rouge
Member since Apr 2006
2043 posts
Posted on 6/21/13 at 11:28 am to
I mean on etrade you just type drip in the search bar and then they have "enroll" and you just check a box, dividend reinvestment is free....

now the question is how much will a few million be worth in 40 years....

KMI is a very good one too at a crazy low price in the high 35's, they boost the dividend per quarter and control all the major pipelines in the US, if you believe in the shale boom and america becoming an energy giant.....this is the toll road that transports it.
This post was edited on 6/21/13 at 11:32 am
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89618 posts
Posted on 6/21/13 at 11:49 am to
quote:

I mean on etrade you just type drip in the search bar and then they have "enroll" and you just check a box, dividend reinvestment is free....


OptionsXpress wants me to contact them. I'll figure it out - I'm a smart guy.

quote:

KMI is a very good one too at a crazy low price in the high 35's, they boost the dividend per quarter and control all the major pipelines in the US, if you believe in the shale boom and america becoming an energy giant.....this is the toll road that transports it.


Isn't the P/E a little scary on KMI right now? Or is that just because of an earnings lull?

I like the 4% - that's right at the top of the sweet spot. Dividata says their increases are only "fair".
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